Gartner predicted last year that worldwide IT spending would grow to about $5 billion in 2024 across data centers, software and IT services. But too often, supercharged spending can cause tech sprawl, and if organizations are acquiring new tools too fast, not everything may be compatible.
So far this year, an average of $18 million was wasted on “inefficient SaaS management,” according to a report from Zylo. With inefficient spending and too many choices comes an inevitable “desire to make fewer choices,” writes Stephen O’Grady, principal analyst and co-founder of Red Monk, in a company blog…
